Hey BP,
i had a quick check on reuters and their 5 year eps growth is 9.82. Unless theres obvious reasons as to why it might be lower in future a forward CAGR of 5 seems very conservative. Reuters mean estimate of future long term growth rate % is 14.33
NZ has a strong comparative advantage in wine. Aus exports far more by volume but NZ much higher by value. Only a few countries in the world can be or are currently great wine producers (e.g argentina, italy, france)
As to DGL’s share price often times theres no rhyme nor reason. Mr market is prone to depression and over exuberance. Reuters notes the 5yr PE low was 9.73 so quite a difference to the PE of today !
https://www.reuters.com/finance/stoc...hlights/DGL.NZ
i do not know much at all about DGL though I do own a reasonable amount of one of their smaller competitors, Invivo. They’ve tripled revenues in the last 3 years and have been extremely happy with them thus far.